Eastmark Community Facilities District No. 2 Board Meeting Thun23 Jan 2020
Typically, these board meetings get little attention and are usually brief, only two or three minutes. even though every member of the Mesa City Council is ex-officio on the board. CFD Board meetings are usually scheduled at the same time as City Council Study Sessions. Today is another one of those scheduling plans, where attention can get siphoned off by other items.
There are two additional members, Sally Jo Harrison, President/CEO of the Mesa Chamber of Commerce, and David Short, head of the Downtown Merchants Association. At certain times of the year - the Annual Budget Hearings, the Eastmark Community Facilities District No. 2 does get some attention, as you can see in the screen grab to the right >
Eastmark and Cadence CFD
City of Mesa CFD
The City of Mesa currently has three Community Facilities Districts, all located in zip code 85212.
The Eastmark and Cadence Community Facility Districts (CFDs) were formed at the request of the property developers through the City of Mesa as a means of obtaining community funding for property development.
Funding is used for building parks, roadways, sewer, water storm drain, signage, street light, landscape and related improvements.
Bonds are issued and assessed to the property owners within a CFD
20-0098 Approving the final assessment for Assessment District A, determining that the work has been completed in accordance with the approved plans and specifications, and ordering the collection of the assessment in Assessment District A.
Approving the final assessment for Assessment District A, determining that the work has been completed in accordance with the approved plans and specifications, and ordering the collection of the assessment in Assessment District A.
> Authorizing the issuance of Special Assessment Revenue Bonds, Series 2020 for the Eastmark Community Facilities District No. 2, Assessment District A; > approving the form and authorizing the execution and delivery of related documents; > awarding the bonds to a purchaser; > appointing a registrar, transfer agent and paying agent for the bonds; and > adopting written tax compliance procedures related to the District’s tax-advantaged obligations.
Authorizing the issuance of Special Assessment Revenue Bonds, Series 2020 for the Eastmark Community Facilities District No. 2, Assessment District A; approving the form and authorizing the execution and delivery of related documents; awarding the bonds to a purchaser; appointing a registrar, transfer agent and paying agent for the bonds; and adopting written tax compliance procedures related to the District’s tax-advantaged obligations.